Fowler, Inc. stock price was $44.00 on 1/1/17, $43.25 on 1/1/18, $44.50 on 1/1/19 and $44.90 on
Fantastic news! We've Found the answer you've been seeking!
Question:
Fowler, Inc. stock price was $44.00 on 1/1/17, $43.25 on 1/1/18, $44.50 on 1/1/19 and $44.90 on 1/1/20. Fowler, Inc. paid Dividends per share of $0.25 for 2017, $0.25 for 2018, $0.20 for 2019 and $0.40 for 2020. Dividends are paid at the end of the year. Calculate the arithmetic average of the Holding Period Returns for Fowler, Inc. for the time periods shown. Show your answer as a whole number percentage, rounded to two places (12.34%, for example).
Related Book For
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
Posted Date: